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EastRise Credit Union · 6 days ago

Commercial Lender II

Williston, VT

Part-time

Onsite

Senior Level

$106K/yr - $118K/yr

5+ years exp

EastRise Credit Union is focused on supporting local businesses and strengthening community prosperity. The role involves managing a commercial loan portfolio, originating and servicing complex credit relationships, and developing new business opportunities while ensuring asset quality and compliance with regulations.

BankingFinancial Services

Responsibilities

Leads the end-to-end process of commercial loan origination, including application intake, financial analysis, and credit assessment. Evaluates borrower financials—such as balance sheets, income statements, and cash flow projections—to determine repayment capacity and structure appropriate credit solutions. Exercises sound judgment in making underwriting decisions within delegated authority and ensures timely, accurate completion of all loan documentation and closings in alignment with EastRise Credit Union’s standards for quality and compliance

Leads asset recovery and workout strategies for distressed or high-risk commercial loans, including past-due accounts. Develops and executes action plans to mitigate losses through restructuring terms, negotiating settlements, and coordinating collateral liquidation when necessary. Partners with internal teams and external counsel to ensure compliance with regulatory requirements while maintaining member relationships and safeguarding the Credit Union’s financial position. Provides responsive support during collection efforts to preserve relationships while protecting financial interests

Maintains a high-quality commercial loan portfolio through ongoing monitoring and risk assessment. Ensures all member files are current and complete, including financial statements, projections, and loan documentation. Communicates appropriate risk ratings and maintains regular contact with members to ensure their evolving financial needs are met

Provides responsive support to members regarding loan-related inquiries and concerns. Ensures full compliance with all applicable laws, regulations, and internal policies, including the Bank Secrecy Act, Patriot Act, and OFAC requirements. Supports the collection and resolution of past-due loans, working collaboratively with internal teams and members to preserve relationships while protecting the Credit Union’s financial interests

Qualification

Commercial loan originationFinancial analysisCredit assessmentRisk assessmentRegulatory complianceInterpersonal skillsWritten communication

Required

Five years to eight years of similar or related experience, including preparatory experience

A college degree

The ability to motivate or influence internal or external senior level professionals

Obtaining cooperation and agreement on important outcomes via frequently complex, senior level dialogues

A professional level of written communication skills

Must be at least 18 years of age

Favorable Background, Credit, Criminal, Bondability, and Reference Checks required

Travel to other branches or locations may be required depending on position

Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs

Must be capable of climbing / descending stairs in emergency situation

Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator

Must be able to routinely perform work on computer for an average of 4-6 hours per day

Must be able to work extended hours whenever required or requested by management

Must be capable of regular, reliable and timely attendance

Must be able to perform job functions independently and work effectively either on own or as part of a team

Must be able to plan and direct the work activities of self and others

Must be able to read and carry out various complicated written and oral instructions

Must be able to speak clearly and deliver information in a logical and understandable sequence

Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization

Must be able to demonstrate highest levels of customer service and discretion when dealing with the public

Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace

Must be able to effectively handle multiple, simultaneous, and changing priorities

Must be capable of exercising highest level of discretion on both internal and external confidential matters